Brendan Howlin (Wexford, Labour) | Oireachtas source

I agree entirely. It will not just be a matter of the Minister being on his or her guard but also the Oireachtas. There will be an annual report and the regulator can be called in and questioned. It will be the job of the Oireachtas to ensure this will work. This section obliges the regulator and its staff to disclose any pecuniary or beneficial interest they may have in a matter which falls to be considered by the regulator, his or her office or staff. It requires the regulator to disclose any conflict of interest he or she may have to the Minister and that a staff member to make any such disclosure to the regulator.